Crunchbase News recently profiled a selection of U.S. companies’ largest VC raised in 2018, and no surprise here: the 10 largest rounds all topped out well north of $100 million.
A major driver of global venture dollar growth is the relatively recent phenomenon of companies raising $100 million or more in a single venture round. We’ve called these nine and 10-figure deals, which shine brightly in the media and are hefty enough to bend the curve of VC fund sizes upwards, “supergiants” after their stellar counterparts.
And like stars, venture-backed companies tend to originate and co-exist in clusters, while the physical space between these groups is largely empty.
We noticed that many of the companies behind these supergiant rounds are headquartered in just a few metro areas around the United States. In this case, it’s mostly just the SF Bay Area, plus others scattered between Boston, Los Angeles, San Diego and one (Magic Leap) in the unfortunately named Plantation, Florida.
The San Francisco Bay Area is perhaps one of the best-known tech and startup hubs in the world. Places like Boston, NYC and Los Angeles, among others, are perhaps just as well-known. But how do these cities stack up as clusters for companies raising supergiant rounds?
That question got us wondering how these locales rank against other major metropolitan areas throughout the world. In the chart below, we’ve plotted the count of supergiant venture rounds1 topping out at $100 million or more through November 5. These numbers are based off of reported data in Crunchbase, exclude private equity rounds and do not account for deals that may have already been closed but haven’t been publicly announced yet.
Although U.S.-based companies have raised more supergiant rounds (168 year to date) than their Chinese counterparts (160 year to date), Chinese companies raise much bigger rounds, even at this supergiant size class.
How much more? U.S. companies have raised $38.4 billion, year to date, in nine and 10-figure venture rounds alone. Chinese companies have raised $69 billion across their 160 supergiant deals, which includes the largest-ever VC deal: a $14 billion Series C round raised by Ant Financial.
2018 in perspective
2018 is already a record year for venture funding worldwide. With more than $275 billion in projected total venture dollar volume so far, 2018’s year-to-date numbers have already eclipsed 2017’s full-year figures (a projected $220 billion, roughly) by more than $55 billion.2
And there’s still about eight weeks left to go before it’s New Year’s Eve.
- We use the same classification rules for what is and is not a “venture” round as we’ve used in our quarterly reports. Check out the methodology section of our most recent global VC report, from Q3 2018, to learn more about how Crunchbase News categorizes rounds.
- We’re referring to the same type of projected data we use in the quarterly reports. Check out the methodology section of our most recent global VC report, from Q3 2018, to learn more about how Crunchbase News uses projected and reported data.
The 10 Best Aftermarket Parts For Your Ford Bronco
For those unfamiliar with the tools of the great outdoors, a winch is a device that employs a spool, a length of cable, usually steel braided, and a hook of some kind to aid in several tasks. The most common use of a winch on a 4X4 is to help it get out of a stuck situation. Should your Bronco get mired in mud or fail to overcome a big rock, letting out the winch cable and hooking it onto something solid, like a stout tree, enables the winch to pull it to freedom.
Winches come with various levels of power and cable types and can be installed in various locations. For the purposes of an offroad Bronco, the front bumper is ideal. Not only can it get itself out of a sticky situation, but you can also help a friend by pulling them to safety. Winches can also be set to task as tools. In an emergency, for example, a winch can help to remove a fallen limb somewhere or to drag a heavy object from a body of water.
The Drive notes that winches can be electric, which is handy as the Bronco comes with auxiliary switches for accessories, or hydraulic, running off a power steering pump. Cost ranges from around $350 to $900 and some of the most popular brands are Warn and Superwinch.
Here’s Why You Need To Stop Using Internet Explorer Immediately
Why should you change web browsers now that Internet Explorer is at its final end? It all comes down to security. Internet Explorer is about to become inarguably insecure software, with a security level that grows ever weaker from this point forward.
Web browsers are regularly updated with new security measures and fixes to potential exploits that could allow an outside party to do all sorts of unpleasant things to your system. Stealing personal information, acquiring credit card or bank account numbers, learning passwords to one or more of your various online services, that kind of thing. Keeping your browser up-to-date reduces the risk of being compromised, and can often remove weaknesses you may not have even known were there.
By continuing to use a web browser after support has been halted, you’re leaving yourself vulnerable to attacks from cagey web links, spam emails, and so on. With no more updates on the horizon, any exploits found from here on out will never be patched up — and you probably won’t even be made aware of them since nobody is maintaining the software anymore. The longer you wait to switch to a new browser, the greater the risk.
Dropped web browser support also means non-security updates are also off the table. No more new features, no eventual improvements to clunky design, and perhaps most importantly: no compatibility updates. At some point, certain basic features just won’t work with an outdated browser anymore. Like it or not, Internet Explorer’s time is up — for real, this time.
Sony LinkBuds S Promise ANC And All-Day Comfort
Even though Sony suggests LinkBuds S are the smallest in-ear wireless headphones, they have still managed to cram in reasonably sized 5mm drivers. For comparison, this is only slightly smaller than the 6mm drivers used on the WF-1000XM4.
The product also gets Sony’s Integrated Processor V1 — the same chip we saw on the recently launched Sony WH-1000XM5. This chip claims to improve the overall sound quality of the product by reducing distortion and improving noise cancelation. Sony LinkBuds S earbuds also support “High-Resolution Audio Wireless” with LDAC as well as an autoplay feature that activates the moment users place the buds in their ears.
Sony’s latest earbuds claim a battery life of up to six hours, with the supplied charging case further enhancing the playback time to 14 hours. When completely discharged, the LinkBuds S can be charged for five minutes to get an additional 60 minutes of playback time.
Another interesting feature on the LinkBuds S is support for the Niantic AR game “Ingress.” Sony says LinkBuds S earbuds use sensor and spatial sound technology to combine a great visual and sonic experience. It’s also suggested by Niantic that further integration with their Lightship platform should allow expanded functionality with LinkBuds earbuds soon.
Sony’s LinkBuds S earbuds go on sale starting May 20, 2022, and come in two color options, White and Black, with a suggested retail price of 199.99. They will be available via Sony.com, Amazon, and other authorized dealers. A third color option called “Ecru” is also set to be available as an exclusive release from Best Buy.
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